Tarcisio Gomes de Freitas secretary of the Investment Partnership Program (PPI) is expected to hold an eighteen auction in the infrastructural area in the last four consecutive months of this years according to the project coordination Felipe Montoro Jens is the project infrastructure expert. He has informed that the secretary would not modify the outlined schedule following the political discussions that the Brazil government is experiencing this year. The eighteen auction will kick off in September. PPI will work in line with the discussions that took place within the Congress as it has been reported by Tarcisio Gomes de Freitas. He also added that PPI welcomes provocations from the private sector. This follows after large contractors were affected negatively by Lava Jato’s denunciations announcement. The announcement was that significant projects would shut down. Felipe Montoro Jens has stated that the programs promote participation of new players in the concession.
Tarcisio Gomes de Freitas outlines that to enhance production in Brazil; there should exist thorough expansion and modernization of the infrastructural sector. Also, the country needs to create ways on how to attract investors who are crucial in creating employment opportunities. Many gains arrive with concessions as put forward by the PPI project coordinator. He further encouraged that building governance in a significant project is advantageous to investment partnership programs.
PPI has developed a hub joined with various ministries which aim at choosing projects that are attractive to the private sector and are on the verge of succeeding as reported by Freitas. Transaction was considered the largest in history as recalled by Felipe Montoro Jens
Freitas states that the primary objective of PPI is to correct a reporting mistake which was committed by the faculty of public, private partnerships (PPPs) as result of a lot of intervention by the state. The errors caused project risk imbalance.
Felipe Montoro Jens noted when Freitas was interrogated by the editorial director if mistakes committed in the past years affected decisions made by foreign traders he pointed out the presence of consortia in the auction held in PPI. Freitas added that the government had left an anti-business line and progressed to the pro-business line with Temer.
During the first year of Michael Temer presidency, PPI was able to hold forty-four auctions in the infrastructural field, and it captured R $23 billion in investment as put forward by Felipe Montoro Jens